Agriculture and Breeding

Loans to be used Inexchange for Milk Claim Payment

Milk claim is a loan made to milk producers who present a document from the cooperative they are a member of stating that they can pay claims to our bank in milk; and to producers who already have an account with us whose milk claims are paid into our bank by SÜTEK. This loan has special conditions and a low-interest rate.

Those livestock owners, the producers who hand in their cow milk production to SÜTEK 1.5 months (3 lists) worth the value of the milk they hand in monthly;

Those goat and sheep farmers who hand in their goat/sheep milk production to SÜTEK half (½) the value of the milk they hand in monthly;

Turkish lira and/or the equivalent in foreign currency can be loaned as an instalment credit and/or a limited current/cheque account is assigned.

Producers who apply for a loan of up to 50.000TL will need two guarantors and those producers who apply for a loan in excess of 50.000TL will need to provide three guarantors.

Personal accident insurance is granted to those producers who take out loans in this category.

Input Loans

Loans are provided to Cooperative companies through the cooperative members or directly from the manufacturer to be used in the purchase of “chemical fertilizer, any kind of grain, animal feed and pesticides, etc.”

These loans in TL are for a maximum period of one year. Input credits are not paid back according to a monthly repayment plan. Instead, producers have the option of selling their produce before commencing repayment. However, producers can spread the repayment on a monthly basis if they wish.

Agricultural Vehicle - Equipment Loans

These are loans made for the purchase of tractors, combine harvesters, baling machines and similar agricultural equipment.

Made in either TL or foreign currency, these loans are repayable in instalments over a period of up to 5 years.

The instalments are arranged to coincide with the annual harvest. However, those producers who wish to do so can spread the repayment on a monthly basis.

Animal Husbandry - Equipment Loans

These are loans for the purchase of milking machines, feeding machines and similar tools and equipment used by goat- and sheep-breeders. Made in either TL or foreign currency, these loans are repayable in instalments over a period of up to 5 years.

These types of loans are controlled loans which are paid in monthly instalments, from the producers’ milk sales credited onto their bank accounts at the KoopBank.

Loans for the Animal Stock

These are loans made to goat- or sheep-breeders and livestock farmers for the purchase of more animals. Made in either TL or foreign currency, these loans are repayable in instalments over a period of up to 5 years.

As monthly instalments from the milk claims of livestock farmers which are credited onto their bank accounts at the KoopBank.

Collected in equal amounts twice a year from the goat/sheep breeders, in May and October. This product is considered as a controlled loan.